Property
Beds
5
Full Baths
None
1/2 Baths
None
Year Built
1973
Sq.Footage
2,880
RARE 4-PLEX INVESTMENT OPPORTUNITY IN DAYTONA BEACH! Opportunities like this don’t come around often! Welcome to 424 Daytona St, a fully leased, income-producing 4-unit multifamily property offering the perfect combination of immediate cash flow, recent upgrades, and long-term investment potential. All four units are currently rented, allowing a new owner to step into an established income-producing property from day one. Even better, the property has already had the big updates taken care of. Appliances, A/Cs, flooring, and lighting were all updated approximately two years ago, and the roof is only about three years old. And the location? One of the best parts. Just steps off Beach Street, you can walk to restaurants, bars, shopping, baseball games, and more—all while being just minutes from the beach. The property is also convenient to Brown & Brown Insurance, transportation, major employment centers, and everything happening around Downtown Daytona Beach. With new luxury apartment development nearby and continued investment throughout the area, this location offers even more reason to be excited about its long-term potential. Whether you’re an experienced investor looking to add another cash-flowing property to your portfolio or a first-time buyer ready to get into multifamily real estate, this 4-plex deserves attention. Buyers using FHA or VA financing may also have the opportunity to explore an owner-occupied multifamily strategy, subject to lender and program requirements. 4 units. Fully leased. Recently renovated. 3-year-old roof. Steps from Beach Street. First Time Home Buyer - Or First Time Home Investors great news, this qualifies for FHA/VA!!! A true turnkey Daytona Beach investment opportunity in one of Central Florida’s most recognizable coastal communities. Don’t miss this one!
Features & Amenities
Interior
-
Other Interior Features
Other
-
Total Bedrooms
5
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
Cats OK, Dogs OK, Yes
Exterior
-
Garage
No
-
Construction Materials
Concrete
-
Other Exterior Features
Other
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.21
-
Lot Size(square feet)
8,960
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
Price
-
Sales Price
$830,000
-
Tax Amount
$7,547
-
Sq. Footage
2,880
-
Price/SqFt
$288
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Slab
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
2
-
Water Source
Public
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Location
County
Volusia
Elementary School
Middle School
High School
Listing Courtesy of Cheryl Gray , OCEANS LUXURY REALTY FULL SVC
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